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Maroc Telecom FY net profit up 5.6% to MAD 5.85 bln

2015-02-23 09:33:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom said its net profit for 2014 increased by 5.6 percent to MAD 5.85 billion from 2013 following an exceptional expense related to the settlement of a tax dispute in 2013. The group's customer base reached over 40 million customers by 31 December 2014, an increase of 8.2 percent compared with 2013, primarily due to the international operations, where the customer base is around 20 million customers, up 17 percent in one year. Revenues rose by 2.1 percent to MAD 29.14 billion, up 2.1 percent from 2013 at a constant exchange rates. This performance is primarily explained by an 11.3 percent increase in international operations, and a 0.8 percent decrease in revenues in Morocco.

Tags: net profit mad telecom

 

Freescale Semiconductor to Attend Morgan Stanley Technology, Media and Telecom Conference

2015-02-23 07:00:00| Freescale Press Releases

Freescale Semiconductor to Attend Morgan Stanley Technology, Media and Telecom ConferenceFor more information click on title.

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Maroc Telecom 2014 numbers boosted by international ops

2015-02-23 01:00:00| Total Telecom industry news

Moroccan incumbent's subscriber base exceeds 40 million; revenues inch upwards but EBITDA slides.

Tags: international numbers telecom maroc

 

Telecom Italia to invest EUR 14 bln by 2017 in Italy, Brazil

2015-02-20 14:06:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has unveiled the details of a three-year business plan for 2015-2017 that envisages total investments of around EUR 10 billion in Italy and over EUR 4 billion in Brazil. The investment earmarked for the operator's domestic market includes around EUR 5 billion for what it describes as innovative developments (NGN, LTE, cloud computing, data centres, transformation activities and TI Sparkle, the company's international operator). One of the main objectives of the plan is to expand fibre-optic coverage to reach 75 percent of the Italian population by 2017 at a cost of EUR 2.9 billion. In addition, the operator will allocate EUR 900 million to accelerate 4G deployment to reach over 95 percent of the country's population over the next three years. In Brazil, total investments over the 2015-17 period will be increased to BRL 14 billion (over EUR 4 billion), allowing the company's local unit, TIM Brasil, to expand 4G coverage to over 15,000 localities, and 3G coverage to over 14,000 localities within the next three years.

Tags: eur italy italia brazil

 

Women in Telecom: Collaboration Critical to New IP

2015-02-20 13:39:36| Telecom - Topix.net

Women in Telecom -- When it comes to the New IP, adjectives like flexible, scalable, automated, service-driven, software-defined and agile are critical on the technology front, but collaboration is also critical from a company culture point of view, and it's a job that women are well suited to tackle.

Tags: women ip critical collaboration

 

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